Gold Card Visa
Kartavya Desk Staff
Source: FE
Context: The US is set to reintroduce its EB-5 visa program as the “Gold Card” visa, requiring a $5 million investment for a green card and path to citizenship.
About Gold Card Visa/Investment Visa:
• What is an Investment Visa?
• An investment visa allows individuals to obtain residency or citizenship in a foreign country by making financial investments. These visas are commonly referred to as Golden Visas, offering long-term residency, tax benefits, and business opportunities.
• An investment visa allows individuals to obtain residency or citizenship in a foreign country by making financial investments.
• These visas are commonly referred to as Golden Visas, offering long-term residency, tax benefits, and business opportunities.
• Eligibility Criteria:
• Minimum Investment Requirement: Varies by country, typically ranging from $200,000 to $5 million. Type of Investment: Real estate, business capital, government bonds, or economic development funds. Minimum Stay Requirement: Some countries mandate a specific number of days of residence per year.
• Minimum Investment Requirement: Varies by country, typically ranging from $200,000 to $5 million.
• Type of Investment: Real estate, business capital, government bonds, or economic development funds.
• Minimum Stay Requirement: Some countries mandate a specific number of days of residence per year.
• Countries Offering Golden Visas:
• UAE: Requires an AED 2 million investment for 10-year residency. Portugal: Investment in funds (€500,000) or job creation (real estate option removed). New Zealand: Relaxed requirements to attract wealthy investors post-recession.
• UAE: Requires an AED 2 million investment for 10-year residency.
• Portugal: Investment in funds (€500,000) or job creation (real estate option removed).
• New Zealand: Relaxed requirements to attract wealthy investors post-recession.
• Procedure & How It Works:
• Application Submission: Investor submits financial documents, proof of funds, and investment plans. Background Check: Government conducts due diligence and verifies source of funds. Investment Confirmation: Investor transfers the required funds into an approved investment channel. Residency Approval: If all conditions are met, a residency permit is granted. Path to Citizenship: Some countries offer citizenship after 5-10 years of continuous residency.
• Application Submission: Investor submits financial documents, proof of funds, and investment plans.
• Background Check: Government conducts due diligence and verifies source of funds.
• Investment Confirmation: Investor transfers the required funds into an approved investment channel.
• Residency Approval: If all conditions are met, a residency permit is granted.
• Path to Citizenship: Some countries offer citizenship after 5-10 years of continuous residency.